Today is Friday, July 30th, 2010

All Posts Tagged With: "discipline"

post thumbnail

Profitable Cycle Trading Method – Part II

Read Profitable Cycle Trading Method – Part I here Principle 4 Discipline. The most fundamentally important part of making this method work is self discipline. To be consistently profitable you need to be disciplined every trade, every day. The one time when you relax your rules, you can be sure will be the time it will come [...] 8Jun2008 | Mo | 0 comments | Continued
post thumbnail

Is paper trading dangerous to your success?

There’s often a debate amongst traders as to the value of paper trading – practicing on a simulator. Here’s a blog post with trading advice from the perspective of struggling traders: As a trader trying to establish consistency, you need a method that you know you can rely on to produce consistently profitable entries and trade management. Your method [...] 23Mar2008 | Mo | 0 comments | Continued